Iskan Insurance Plans Capital Hike to EGP150 mln in FY2014/15
Iskan Insurance Company is planning within the coming fiscal year 2014/2015 to further increase its issued capital…
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Financial Institutions
Gulf Attempts to Persuade Egypt to Resume Negotiations with IMF; Source
Some Gulf countries have recently tried to persuade the government to go back to negotiations with the…
MetLife Alico Eyes Capital Increase to EGP70 mln in 2014
MetLife Alico (The Pharaonic American Life Insurance Company - Alico) is planning to pump EGP 10 million next…
Royal Insurance-Egypt Eyes Opening 2 Branches Within 2014
Hassan Darwish - Vice Chairman & Managing Director of Royal Insurance said Royal is aiming to expand…
Royal Insurance Eyes Capital Increase to EGP80 mln at FY15-end
The Egyptian joint stock company Royal Insurance is planning to increase its paid-up capital by EGP 20 million to…
Africa Re Eyes New Expansions in Brazil, China
African Reinsurance Corporation (Africa Re) is planning to make overseas expansions in Brazil and China within the…
CBE Offering EGP6.5 bln T-bills Today
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering today 182- and 357-day…
Africa Re Eyes US$770 mln Premiums by 2014-end
African Reinsurance Corporation (Africa Re) is planning to attain total premiums of US$ 730 million by the end of…
Egypt’s Inflation on Course to Fall back in 2014 – Capital Economics
Egyptian inflation ticked up again in October on the back of a further rise in food inflation. However, price…
Wethaq Takaful Negotiates with 3 Banks to Activate Bank Insurance
Mr. Abdul Latif Sallam. Managing Director. Wethaq Takaful Insurance Co, said his company has already started to…